On Friday the S&P set another new all-time high which the media made a lot of noise about. However the index basically is just above the July 15 high and by just a few points. While Friday’s new high is great to see, we need further confirmation by seeing the index break still higher on good volume.
Advance Decline Numbers Outlook for Mon Jul 29 2019
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from the close of trading on Fri Jul 26 2019.
Included tonight, is a look at the weekly averages for the fourth week of July.
Members should review the signals before trading resumes on Monday.
As well there are a number of trades planned for Monday in the Market Direction Portfolio.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Jul 29 2019
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